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Inclusivity dominates the runway at Melbourne Fashion Festival | ticker VIEWS

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Melbourne Fashion Festival weeks kicks off in Australia’s busy city, with the entire show centred around inclusivity and diversity

The iconic international festival runs from November 15- 21 and will feature an exciting new program of city-wide runways, locations, talks, exhibitions, and workshops. As Melbourne has lived through the world’s longest lockdown, the fashion on the runways will also be about representing and injection freedom, and life back into the city.

All about inclusivity

Deni Todorovic is a stylist, who is non-binary and a person of colour. They know all too well what exclusion and societal stigmas feel like. That’s why having them for the opening show at Melbourne Fashion Festival is a significant representation of how serious the organisers are about breaking down barriers.

The festival is about appreciating everyone, whatever their sexual orientation, ethnicity, physical ability, or weight is.

“Fashion is the quickest way to speak without speaking.

For me as a queer person, as a non-binary person, it is my go-to to communicate who I am with the world.”

Deni Todorovic, Stylist 

“At your day to day, walking into a store environment it’s incredibly gendered… and that really upsets me because it can be really damaging to people.”

Deni Todorovic, Stylist 

“My show [Melbourne Fashion Festival opening show] is about celebrating authentic diversity,

and the way we can use fashion to express ourselves.”

Deni Todorovic, Stylist 

Effie Kats is an Australian Fashion Designer who will also be featured on the opening show at Melbourne Fashion Festival. The runways will be about celebrating iconic designer but also up and coming designers who deserve a place on the stage.

Kats has overcome many challenges and stereotypes in her own right. She is a motivated entrepreneur and designer who is on a mission to empower women in what they wear.

“There’s going to be a heavy emphasis on inclusivity… you’re going to see lots and lots of diversity represented.”

Effie Kats, Fashion Designer & Entrepreneur

Not a token

Often in society, people will ensure diversity is incorporated as a token or a box ticked off. It can often be seen as the ‘right’ thing to do and that people who sit outside the traditional moulds aren’t like everybody else. This could not be further from the truth.

In 2009,  Rhiannon Tracey experienced a tragic accident while on holiday in Bali with her family. This accident changed her life forever. After diving into a pool that was labelled incorrectly, Rhiannon suffered a spinal cord injury that would leave her wheelchair-bound.

While this sounds like anyone’s worst nightmare, she turned this challenge around and is using it to embrace inclusivity and break down barriers. Tracey is now a motivational speaker, model and influencer who is breaking down stigmas every day.

Tracey will be featured at the Melbourne Fashion Festival, where she will be advocating for normality surrounding people who fall outside of the ‘traditional’ moulds of society.

“Be the change you wish to see.”

Rhiannon Tracey, Motivational Speaker & Model

 

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Money

Inflation rise reduces chances of Reserve Bank rate cut

Inflation spikes, drastically reducing chances of a Reserve Bank rate cut amid economic pressures and rising costs

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Inflation spikes, drastically reducing chances of a Reserve Bank rate cut amid economic pressures and rising costs

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In Short:
– Rate cut likelihood by the Reserve Bank has decreased due to a rise in annual inflation to 3.2 per cent.
– Significant price increases in housing, recreation, and transport are raising concerns for the Reserve Bank.

The likelihood of a rate cut by the Reserve Bank has decreased significantly after a surge in annual inflation.

The Australian Bureau of Statistics reported that inflation for the year ending September rose to 3.2 per cent, reflecting a 1.1 per cent increase.

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Trimmed mean inflation, a crucial measure for the Reserve Bank, was recorded at 1 per cent for the quarter and 3 per cent for the year. The bank anticipates inflation to reach 3 per cent by year-end, while trimmed mean inflation is expected to slightly decrease.

The quarterly rise of 1.3 per cent in September exceeded expectations. Governor Bullock noted that a deviation from the Reserve Bank’s projections could have material implications.

Financial markets reacted promptly, with the Australian dollar rising against the US dollar, while the ASX200 index fell.

The most significant price increases were observed in housing, recreation, and transport, indicating widespread price pressures that concern the Reserve Bank.

Despite the unexpected inflation rise, some economists believe the Reserve Bank may still consider rate cuts in December, viewing current price spikes as temporary due to the winding back of subsidies.

Economic Pressures

Broad-based economic pressures suggest that the Reserve Bank may not reduce interest rates at its upcoming meeting. Analysts highlight the need for ongoing support for households facing cost-of-living challenges.


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Money

Wall Street hits record highs on low inflation

Wall Street hits record highs on cool inflation and strong earnings ahead of key Federal Reserve interest rate decision

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Wall Street hits record highs on cool inflation and strong earnings ahead of key Federal Reserve interest rate decision

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In Short:
– U.S. stocks rose to record highs on Friday due to lower inflation and strong corporate earnings.
– Key earnings reports from major companies are expected next week, influencing market trends.
U.S. stocks rose to record highs on Friday due to lower-than-expected inflation data and positive corporate earnings.The S&P 500 and Nasdaq achieved their largest weekly gains since August. The Dow saw its biggest jump from Friday to Friday since June.

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The Labor Department reported that the Consumer Price Index was slightly cooler than analysts’ predictions, easing concerns about inflation impacts from tariffs. This development suggests a likely interest rate cut by the Federal Reserve at its upcoming meeting.

Ryan Detrick from Carson Group noted the positive inflation news may facilitate forthcoming Fed rate cuts. Despite the ongoing government shutdown affecting data releases, this CPI report provided much-needed clarity.

Earnings reports are continuing, with 143 S&P 500 companies having reported results. Growth expectations for third-quarter earnings have risen to 10.4%. Detrick indicated a strong opening to the earnings season with a significant percentage of companies exceeding expectations.

This coming week, key earnings will be reported from Meta Platforms, Microsoft, Alphabet, Amazon, and Apple, alongside industrial companies like Caterpillar and Boeing.

The Dow rose 472.51 points to 47,207.12. The S&P 500 increased by 53.25 points to 6,791.69, while the Nasdaq gained 263.07 points, reaching 23,204.87.

Alphabet gained 2.7% following a deal expansion with Anthropic. Coinbase saw a 9.8% increase from a JPMorgan upgrade. In contrast, Deckers Outdoor’s shares fell 15.2% after lowering sales forecasts.

Market Trends

Advancing stocks on the NYSE outnumbered decliners by 2.18 to 1. The S&P 500 had 34 new highs, with the Nasdaq recording 124.

Trading volume was 19.04 billion shares, lower than the average of the past 20 days.


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US stocks face tests from Tesla, Netflix earnings

US markets brace for Tesla and Netflix earnings amid rising volatility and delayed inflation data

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US markets brace for Tesla and Netflix earnings amid rising volatility and delayed inflation data

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In Short:
– Earnings reports from Tesla and Netflix might affect U.S. stock performance next week amid high inflation concerns.
– Increased market volatility arises from U.S.-China trade tensions and fewer S&P 500 stocks in an uptrend.
This coming week, earnings reports from companies including Tesla and Netflix are anticipated to impact U.S. stock performance.
Investors are also awaiting delayed U.S. inflation data, which could test market stability as it remains near record highs.Recent trading activity has shown increased volatility, influenced by ongoing U.S.-China trade tensions and concerns regarding regional bank credit risks. The CBOE volatility index has seen a rise, indicating increased market uncertainty.

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The S&P 500 entered its fourth year of growth amidst these fluctuations, having previously experienced a period of calm. Experts suggest market risks are intensifying as valuations reach peak levels.

Market Volatility

Concerns regarding U.S.-China trade relations escalated last week when the U.S. threatened to raise tariffs by November 1 over China’s rare-earth export policies. President Donald Trump is scheduled to meet with President Xi Jinping in two weeks to discuss these issues.

Despite these challenges, major stock indexes gained ground over the week, with the S&P 500 up 13.3% year-to-date. However, a noticeable decline in the number of S&P 500 stocks in an uptrend raises caution among investors about underlying market weaknesses.

The upcoming third-quarter earnings will be closely monitored, especially as the government shutdown halts economic data releases. Companies like Procter & Gamble, Coca-Cola, RTX, and IBM are due to report. The delayed U.S. consumer price index is also expected to provide crucial insights ahead of the Federal Reserve’s monetary policy meeting on October 28-29.


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